I figure my skill set would better suit me for wholesaling as opposes to flipping. 

Find a successful rehabber in your area, let him know your skill set and volunteer to do whatever he needs for a few months in return for letting you learn the business.  

Those people are not objective and generally do not have the skills to offer solutions to the issues.Some people should have never gotten married in the first place.

or bad (if you bought those SFH at the peak in a sub-market like so many cities in the US today, you're underwater still).Not to say you can't achieve diversification with RE as well (i.e buy a REIT); to me, for pure income / cash flow, that's my preferred direction (buy a REIT; I get good diversification, it's property managed, I don't have to worry about maintenance or repairs or whatever else; just a solid cash flow / income stream in the asset class (apartments, shopping malls, whatever else) that I choose).For appreciation though, I think of RE like picking individual stocks or a business to buy; if you have the time, the skills, and the patience - you can make outsized gains compared to the overall market.

@Mark S.It's more important to find a good skilled accountant than one that specializes.

There is a huge shortage of skilled labor as the oil and gas business has sucked up everyone with any talent.

I just want to make sure I am doing this analysis correctly, so here is a real world example:I thought it would be easiest to just drop the link to a house here instead of listing all of the details:  http://www.realtor.com/realestateandhomes-detail/1...Keep in mind I am not actually looking to purchase this house, I just want to hone my analysis skills!

Goodmorning BP,The art of being able to create efficient, simple & productive systems and be able to implement them successfully is an important aspect of any business.

I am a meticulous systems support professional with strong organizational and people skills.

Some more questions and details: There are a few improvements we'd want to make just for us if we could afford it, i.e. installing a door/deck to the yard for our dogs, finishing a garage and heating it for an art studio, insulating an odd closet off of the main bedroom/knocking down the wall to make the master bedroom much larger.